NYSE:OWLT Owlet - OWLT Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Owlet, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $0.42 +0.04 (+10.49%) (As of 02/2/2023 12:00 AM ET) Add Compare Share Share Today's Range$0.38▼$0.4250-Day Range$0.39▼$0.9152-Week Range$0.36▼$5.35Volume950,482 shsAverage Volume345,774 shsMarket Capitalization$48.40 millionP/E RatioN/ADividend YieldN/APrice Target$2.38 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Owlet MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside463.6% Upside$2.38 Price TargetShort InterestHealthy1.49% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.66) to ($0.28) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.15 out of 5 starsBusiness Services Sector152nd out of 324 stocksMeasuring & Controlling Devices, Not Elsewhere Classified Industry6th out of 8 stocks 3.3 Analyst's Opinion Consensus RatingOwlet has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $2.38, Owlet has a forecasted upside of 463.6% from its current price of $0.42.Amount of Analyst CoverageOwlet has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.49% of the float of Owlet has been sold short.Short Interest Ratio / Days to CoverOwlet has a short interest ratio ("days to cover") of 8.6.Change versus previous monthShort interest in Owlet has recently decreased by 7.83%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldOwlet does not currently pay a dividend.Dividend GrowthOwlet does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for OWLT. Previous Next 0.6 News and Social Media Coverage Search InterestOnly 2 people have searched for OWLT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows3 people have added Owlet to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Owlet insiders have not sold or bought any company stock.Percentage Held by Insiders30.10% of the stock of Owlet is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions40.63% of the stock of Owlet is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Owlet are expected to grow in the coming year, from ($0.66) to ($0.28) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Owlet is -0.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Owlet is -0.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioOwlet has a P/B Ratio of 0.86. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Owlet (NYSE:OWLT) StockOwlet, Inc. operates as a digital parenting platform in the United States. The company's platform focuses on giving real-time data and insights to parents. Its products include Smart Sock, a baby monitor to track an infant's oxygen levels, heart rates, and sleep trends; Dream Sock, an app to assist children for better sleep; Cam, a video streaming app to hear and see baby from anywhere; and Dream Lab, an interactive online platform that assists families in building healthy sleep habits. The company also offers Dream Duo, a monitoring system for baby's sleeping habits and includes wearable sock monitor, HD video, and digital sleep coach. Owlet, Inc. was founded in 2012 and is based in Lehi, Utah.Read More Receive OWLT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Owlet and its competitors with MarketBeat's FREE daily newsletter. Email Address OWLT Stock News HeadlinesDecember 22, 2022 | benzinga.comOwlet Announces FDA Software-as-a-Medical Device Submission for Heart Rate and Oxygen Displays and NotificationsDecember 5, 2022 | technews.tmcnet.comOwlet Receives Notice Regarding NYSE Continued Listing StandardsFebruary 2, 2023 | Investing Trends (Ad)The Biggest "Missing Ingredient" in the $7 Trillion EV MarketChina has owned the graphite market for decades. But the U.S. just added graphite to a list of super-critical minerals... "essential for America's National Defense." Perfect timing for a "made in America" graphite company looking to mine, manufacture, and recycle graphite for the booming electric car market.November 15, 2022 | finance.yahoo.comOwlet Announces Third Quarter 2022 Financial ResultsNovember 15, 2022 | seekingalpha.comOwlet, Inc. (OWLT) Q3 2022 Earnings Call TranscriptNovember 12, 2022 | benzinga.comOWLT ALERT: Levi & Korsinsky, LLP Announces an Investigation into the Fairness of Owlet's De-SPAC MergerSeptember 15, 2022 | nasdaq.comOwlet (NYSE:OWLT) shareholders have endured a 73% loss from investing in the stock a year agoSeptember 10, 2022 | finance.yahoo.comOwlet, Inc.'s (NYSE:OWLT) Path To ProfitabilityFebruary 2, 2023 | Investing Trends (Ad)The Biggest "Missing Ingredient" in the $7 Trillion EV MarketChina has owned the graphite market for decades. But the U.S. just added graphite to a list of super-critical minerals... "essential for America's National Defense." Perfect timing for a "made in America" graphite company looking to mine, manufacture, and recycle graphite for the booming electric car market.September 7, 2022 | benzinga.comOwlet's Return On Capital Employed OverviewAugust 14, 2022 | finance.yahoo.comAnalysts Have Been Trimming Their Owlet, Inc. (NYSE:OWLT) Price Target After Its Latest ReportAugust 12, 2022 | seekingalpha.comOwlet, Inc. (OWLT) CEO Kurt Workman on Q2 2022 Results - Earnings Call TranscriptAugust 11, 2022 | nz.finance.yahoo.comOwlet Announces Second Quarter 2022 Financial ResultsJuly 26, 2022 | finance.yahoo.comShareholders in Owlet (NYSE:OWLT) are in the red if they invested a year agoJuly 26, 2022 | finance.yahoo.comShareholders in Owlet (NYSE:OWLT) are in the red if they invested a year agoJune 18, 2022 | apnews.comOwlet to Participate in the 7th Annual Cowen FutureHealth ConferenceJune 14, 2022 | seekingalpha.comOwlet, Inc.: A Turnaround Opportunity With Upcoming Bullish CatalystsJune 7, 2022 | finance.yahoo.comOwlet, Inc. to be Added to the Russell 3000® and Russell Microcap® IndexesMay 21, 2022 | benzinga.comOwlet (NYSE:OWLT), Analyst Ratings, Price Targets, PredictionsMay 11, 2022 | ca.investing.comOwlet, Inc. Reports In-Line Q1 EPSMay 11, 2022 | seekingalpha.comOwlet, Inc. (OWLT) CEO Kurt Workman on Q1 2022 Results - Earnings Call TranscriptMay 11, 2022 | nz.finance.yahoo.comOwlet Announces First Quarter 2022 Financial ResultsMay 9, 2022 | finance.yahoo.comIs Owlet, Inc. (NYSE:OWLT) Popular Amongst Insiders?April 2, 2022 | finance.yahoo.comOwlet, Inc.'s (NYSE:OWLT) Shift From Loss To ProfitMarch 10, 2022 | apnews.comOwlet’s Award-Winning Dream Sock Now Available for Children Up to Age 5 with New Dream Sock PlusMarch 7, 2022 | finance.yahoo.comOwlet Announces Fourth Quarter and Fiscal Year 2021 Financial ResultsFebruary 16, 2022 | finance.yahoo.comInvestors in Owlet (NYSE:OWLT) have unfortunately lost 82% over the last yearSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive OWLT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Owlet and its competitors with MarketBeat's FREE daily newsletter. Email Address OWLT Company Calendar Last Earnings11/14/2022Today2/02/2023Next Earnings (Estimated)3/06/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Measuring & controlling devices, not elsewhere classified Sub-IndustryN/A SectorBusiness Services Current SymbolNYSE:OWLT CUSIPN/A CIK1816708 Webwww.sandbridgeacquisition.com Phone844-334-5330FaxN/AEmployees200Year FoundedN/APrice Target and Rating Average Stock Price Forecast$2.38 High Stock Price Forecast$4.00 Low Stock Price Forecast$1.00 Forecasted Upside/Downside+463.6%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.76) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-71,700,000.00 Net MarginsN/A Pretax Margin-153.30% Return on Equity-314.33% Return on Assets-78.08% Debt Debt-to-Equity RatioN/A Current Ratio1.02 Quick Ratio0.69 Sales & Book Value Annual Sales$54.73 million Price / Sales0.88 Cash FlowN/A Price / Cash FlowN/A Book Value$0.49 per share Price / Book0.86Miscellaneous Outstanding Shares114,852,000Free Float80,282,000Market Cap$48.40 million OptionableOptionable Beta1.43 Key ExecutivesMr. Kurt Workman (Age 34)Co-Founder, Pres, CEO & Director Comp: $367.2kMs. Kathryn R. Scolnick (Age 54)Chief Financial Officer Comp: $462.05kMr. David KizerChief Operating OfficerMr. Nathaniel Yoo (Age 38)Sr. VP & Chief Accounting Officer Mr. Burc SahinogluChief Technology OfficerMr. Albert LiChief Legal Officer & Corp. Sec.Ms. Avril MurphyChief Revenue OfficerMore ExecutivesKey CompetitorsAutoscope TechnologiesNASDAQ:AATCAeroClean TechnologiesNASDAQ:AERCKnightscopeNASDAQ:KSCPLytus Technologies Holdings PTV.NASDAQ:LYT36KrNASDAQ:KRKRView All CompetitorsInsiders & InstitutionsBlackRock Inc.Bought 13,985 shares on 11/15/2022Ownership: 1.260%State Street CorpBought 64,200 shares on 11/15/2022Ownership: 0.416%EMC Capital ManagementSold 44,010 shares on 11/15/2022Ownership: 0.039%Jacobs Levy Equity Management Inc.Bought 30,132 shares on 11/15/2022Ownership: 0.026%Citadel Advisors LLCBought 21,100 shares on 11/15/2022Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions OWLT Stock - Frequently Asked Questions Should I buy or sell Owlet stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Owlet in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" OWLT shares. View OWLT analyst ratings or view top-rated stocks. What is Owlet's stock price forecast for 2023? 4 analysts have issued 12-month target prices for Owlet's shares. Their OWLT share price forecasts range from $1.00 to $4.00. On average, they predict the company's stock price to reach $2.38 in the next year. This suggests a possible upside of 516.7% from the stock's current price. View analysts price targets for OWLT or view top-rated stocks among Wall Street analysts. How have OWLT shares performed in 2023? Owlet's stock was trading at $0.5591 at the start of the year. Since then, OWLT shares have decreased by 31.1% and is now trading at $0.3851. View the best growth stocks for 2023 here. When is Owlet's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, March 6th 2023. View our OWLT earnings forecast. How were Owlet's earnings last quarter? Owlet, Inc. (NYSE:OWLT) posted its quarterly earnings results on Monday, November, 14th. The company reported ($0.17) EPS for the quarter, missing analysts' consensus estimates of ($0.14) by $0.03. The firm earned $17.40 million during the quarter. What guidance has Owlet issued on next quarter's earnings? Owlet updated its FY 2023 earnings guidance on Thursday, December, 15th. The company provided EPS guidance of for the period. The company issued revenue guidance of $77.97 million-$85.84 million, compared to the consensus revenue estimate of $143.42 million. What is Owlet's stock symbol? Owlet trades on the New York Stock Exchange (NYSE) under the ticker symbol "OWLT." Who are Owlet's major shareholders? Owlet's stock is owned by a variety of institutional and retail investors. Top institutional investors include Concourse Financial Group Securities Inc. (0.00%). View institutional ownership trends. How do I buy shares of Owlet? Shares of OWLT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Owlet's stock price today? One share of OWLT stock can currently be purchased for approximately $0.39. How much money does Owlet make? Owlet (NYSE:OWLT) has a market capitalization of $44.23 million and generates $75.80 million in revenue each year. The company earns $-71,700,000.00 in net income (profit) each year or ($0.76) on an earnings per share basis. How many employees does Owlet have? The company employs 200 workers across the globe. How can I contact Owlet? Owlet's mailing address is 1999 AVENUE OF THE STARS SUITE 2088, LOS ANGELES CA, 90067. The official website for the company is www.sandbridgeacquisition.com. The company can be reached via phone at 844-334-5330 or via email at info@sandbridgecap.com. This page (NYSE:OWLT) was last updated on 2/2/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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